fromwww.mercurynews.com
2 days agoCalifornia high speed rail: Central Valley line alone won't be profitable. Building to Gilroy could be
A new report released Friday by the California High-Speed Rail Authority warns that the scaled-down Central Valley segment the only portion of the line currently under construction is unlikely to be profitable when trains begin running, as early as 2032. The report projects that revenue will cover only 45% to 74% of operating costs. Now, the rail authority is pushing to build the project beyond the 171-mile stretch between Merced and Bakersfield,
California